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Feb 10, 2013
02/13
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we would replace that sequester with deficit reduction achieved over a longer time. >> you, in suburban maryland, represent a lot of people that would be directly affected if the sequester hits. do you think the administration is doing a good job of preparing federal workers and folks whose paychecks depend on what happens in the next few weeks for how it will work and how to plan their lives? >> we have been urging them to provide guidance to federal employees because as we get closer to the date there is more and more anxiety, understandably. they are trying to provide notice to employees about things that can be expected, but the problem is it affect each agency differently, so there is not one rule of thumb that will apply to every federal agency. part of the impact will depend on the extent to which employees make up most of the budget, as opposed to agencies that have more of a procurement budget or their budget is contracted out. i should emphasize that while it will hit federal employees and that is not good for anyone, that will hurt -- it will hurt around the country. let's ta
we would replace that sequester with deficit reduction achieved over a longer time. >> you, in suburban maryland, represent a lot of people that would be directly affected if the sequester hits. do you think the administration is doing a good job of preparing federal workers and folks whose paychecks depend on what happens in the next few weeks for how it will work and how to plan their lives? >> we have been urging them to provide guidance to federal employees because as we get...
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Feb 7, 2013
02/13
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MSNBC
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and it's estimated to reduce the deficit by $3.3 trillion. remember, we're trying to hit $4 trillion. so we're getting closer. the plan ends tax loopholes for yachts and for jets. it reduces the corporate meal and entertainment deduction to 25%. you can't write off the whole dinner anymore. it ends fossil fuel subsidies for oil companies that are raking in massive profits. exxonmobil, you know what their profit was? $44 billion in 2012. the last thing they need right now is your tax dollars as subsidy. the balancing act also closes other pointless loopholes the rich take advantage of. we should point out mitt romney ran on a similar tax plan. his former running mate paul ryan should love the balancing act because it reduces the deficit. everyone inside the beltway considers mr. ryan just a very serious person. but here is how paul ryan wants to reduce the deficit, with nothing but cuts. and here is the balanced approach from the progressive caucus. you know, when we need budget advice in the future, i think we should kind of push paul ryan of
and it's estimated to reduce the deficit by $3.3 trillion. remember, we're trying to hit $4 trillion. so we're getting closer. the plan ends tax loopholes for yachts and for jets. it reduces the corporate meal and entertainment deduction to 25%. you can't write off the whole dinner anymore. it ends fossil fuel subsidies for oil companies that are raking in massive profits. exxonmobil, you know what their profit was? $44 billion in 2012. the last thing they need right now is your tax dollars as...
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Feb 12, 2013
02/13
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deficits. i think we know he's going say we're not going to increase deficits. this won't cost the american people a dime. how do you do big programs without costing anything? doing that either suggests you're going to make serious trade-offs cut somewhere else to spend here or do small symbolic stuff. >> woodruff: the white house is already putting out some advanced text saying that these are things... some of the things he wants to do are not going to cost the taxpayers anything. both of you have mentioned the inaugural address. we hear from the white house that the president is not just talking to the members of congress in the chamber. he's talking to millions of americans who have everything at stake. >> you could say to some degree the audience is the 48% who did not vote for him. in the sense that what he says to them. but really the true sense tonight is the people who are listening are those who support, admire and identify with the president. that's the case with every state of the un
deficits. i think we know he's going say we're not going to increase deficits. this won't cost the american people a dime. how do you do big programs without costing anything? doing that either suggests you're going to make serious trade-offs cut somewhere else to spend here or do small symbolic stuff. >> woodruff: the white house is already putting out some advanced text saying that these are things... some of the things he wants to do are not going to cost the taxpayers anything. both...
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Feb 12, 2013
02/13
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MSNBC
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nothing i'm proposing tonight should increase our deficit by a single dime. it's a smarter government we need that sets priorities and invests in broad based growth. interesting statement, krystal. >> absolutely. republicans try to caricature him as a big government liberal who's never seen a government program that he doesn't like, who's going to spind us into the ditch. he's going to turn us into greece. the facts and the record say things that are different. since january it's been quite a while. i think it was january 2008 we actually had a surplus. this january he has been slowing the growth of government spending. it has been a priority for him. but obviously because of the economic realities, we had to invest in the country in an immediate way to get us back on track. so making that case reminding voters that he has been a responsible hand on the tiller when it comes to balancing the budget and keeping those policies in mind is important too. >> richard, i want to bring this up because i want to bring this up. >> do it. >> when we've talked about the 1
nothing i'm proposing tonight should increase our deficit by a single dime. it's a smarter government we need that sets priorities and invests in broad based growth. interesting statement, krystal. >> absolutely. republicans try to caricature him as a big government liberal who's never seen a government program that he doesn't like, who's going to spind us into the ditch. he's going to turn us into greece. the facts and the record say things that are different. since january it's been...
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Feb 6, 2013
02/13
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FOXNEWS
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we talk about debt and deficit a lot. according to the cbo report our debt is growing, the deficit has come down. what can you tell us about the discrepancy there? >> right. well the federal budget deficit is about half of what it was in 2009, this is the yearly federal expenditures, right stp-t budget battle in washington continues to be a philosophical debate on spending cuts versus taxes, and what the right battle should be to fix our fiscal mess. do we swallow the bitter pill now for cuts and higher taxes to purchase growth in the future or do we reign in taxes. they need to know what to do about 85 billion in spinning cuts. republicans, no surprise said spending cuts only, that's been the mantra. jenna: that's where they are. and we'll see where potentially we meet in the middle. eventually we'll have to do something. big numbers out there. lori, thank you. jon: speaking of spending cuts, big changes could be coming to your mailbox. the u.s. postal service set to scrap saturday mail delivery. but does that cash-strap
we talk about debt and deficit a lot. according to the cbo report our debt is growing, the deficit has come down. what can you tell us about the discrepancy there? >> right. well the federal budget deficit is about half of what it was in 2009, this is the yearly federal expenditures, right stp-t budget battle in washington continues to be a philosophical debate on spending cuts versus taxes, and what the right battle should be to fix our fiscal mess. do we swallow the bitter pill now for...
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now, at some point we're going to have to begin reducing the deficit. when we do, the economy will be weak. that will make the deficit challenge even greater. it's a negative feedback loop. right now when all these democrats say, look, mr. market is saying go ahead, borrow, we don't square. that is not a really market. that's the echols building. that's one side of washington telling the other side, don't worry, i'm buying all the bonds. now, if you think this kind of ponzi finance is anything to do with capitalism or free markets or anything to do with sustainability, then you've read an economic textbook that didn't even exist in 1995. dagen: david, thank you so much. david stockman, i know it's like facelift. like the first few you get it kind of hides your age, but eventually you're going to look, well, 8 6. connell: hasn't thought of it that way, but as always, you bring up a unique perspective. dagen: what? i'm really 75. connell: well, you look great. the ftc is pressing for new guidelines on the mobile industry. dagen: and if your worried you --
now, at some point we're going to have to begin reducing the deficit. when we do, the economy will be weak. that will make the deficit challenge even greater. it's a negative feedback loop. right now when all these democrats say, look, mr. market is saying go ahead, borrow, we don't square. that is not a really market. that's the echols building. that's one side of washington telling the other side, don't worry, i'm buying all the bonds. now, if you think this kind of ponzi finance is anything...
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Feb 12, 2013
02/13
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let me repeat, nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth." the president will also continue his push for gun control and comprehensive immigration reform. but, scott, we're told by white house officials there will be no new ideas for those two issues because the white house says the underlying legislative politics are complicated enough. >> pelley: major, thank you. on that afghanistan announcement, there are 66,000 americans fighting there tonight. mr. obama intends to bring home 34,000 of them by this time next year. most u.s. combat troops are due home by the end of 2014. charlie d'agata is at our afghan bureau in the capital kabul and, charlie, i wonder, what is this going to mean to the troops on the ground? >> reporter: well, the key question, scott, is the time frame. any commanders here will tell you that they want as many boots on the ground for as long as they can, certainly through the summer and the fall when the
let me repeat, nothing i'm proposing tonight should increase our deficit by a single dime. it's not a bigger government we need but a smarter government that sets priorities and invests in broad-based growth." the president will also continue his push for gun control and comprehensive immigration reform. but, scott, we're told by white house officials there will be no new ideas for those two issues because the white house says the underlying legislative politics are complicated enough....
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Feb 9, 2013
02/13
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FOXNEWS
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deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough.
deficits are they say unsustainable. g.d.p. is actually negative. what is he going to say, not my fault? >> he is going to say if congress doesn't act to o these things in the next few months it's going to get even worse. for example, you have the sequester coming up in couple weeks. president has presented proposals that would stave off some of the cuts that would be devastating to the nation's military and the defense industry. you have debt ceiling coming up few months after that and...
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Feb 5, 2013
02/13
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presidente le pidiÓ al congreso que busque maneras de suavisar estos recortes, la idea es que reduzcan el dÉficit. >>> la ayuda continÚa para los damnificados de sandy, a pesar que los fondos fueron aprobados, las quejas crecen de parte de los damnificados, blanca rosa nos dice de quÉ manera. >>> frente a la municipalidad y en medio de las bajas temperaturas, quienes no regresaron a casa fueron a protestar. >>> ahora estoy viviendo en un hotel, antes tenÍa mi apartamento, cuando sandy fue a nueva york se me fue todo, perÍi todo. >>> raquel rivera vite en este hotel pagado por la ciudad de nueva york con su hija de 7 aÑos. >>> no tenemos cocina, necesito comprar comida de afuera. >>> la supertormenta destruyÓ mÁs de 300 mil casas, pero solo 18 mil recibieron ayuda. en nueva jersey 346 mil casas daÑadas, solo 14 mil reparadas. el gobernador dijo que perdÍa la paciencia con las demoras en el reembolso. a una ho aÚn ahora viven mÁs de familias fuera de sus casas. >>> hizo subsidios de renta para 10 mil personas para mississippi pero aquÍ en nueva york no pasÓ. y creo que hay diferentes n
presidente le pidiÓ al congreso que busque maneras de suavisar estos recortes, la idea es que reduzcan el dÉficit. >>> la ayuda continÚa para los damnificados de sandy, a pesar que los fondos fueron aprobados, las quejas crecen de parte de los damnificados, blanca rosa nos dice de quÉ manera. >>> frente a la municipalidad y en medio de las bajas temperaturas, quienes no regresaron a casa fueron a protestar. >>> ahora estoy viviendo en un hotel, antes tenÍa mi...
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Feb 10, 2013
02/13
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CNN
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not to feel that they can ignore the issue of deficit. they're going to have to find a way and the president is going to have to put some real plans on the table behind the rhetoric of reducing the debt. in addition to investment and immigration reform. which are all consistent with making america more competitive in the 21st century. >> what about gun violence, this is an issue that was an extremely hot topic only a few weeks ago, that seems to be fading away. do you expect the president to make a major issue of that in his speech? john? >> i think the president will address gun violence. he barely noted in his inaugural address. this is a time for policy prescriptions and following through. newtown has created an urgency behind this issue that the president, really does have an obligation to follow through on. and so i do expect that immigration and guns will be core aspects of this speech. but all underneath the larger framework about making the economy work for the middle class. and that will be, i believe, the frame of this, of this
not to feel that they can ignore the issue of deficit. they're going to have to find a way and the president is going to have to put some real plans on the table behind the rhetoric of reducing the debt. in addition to investment and immigration reform. which are all consistent with making america more competitive in the 21st century. >> what about gun violence, this is an issue that was an extremely hot topic only a few weeks ago, that seems to be fading away. do you expect the president...
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Feb 12, 2013
02/13
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told reporters off camera that the president doesn't have the guts to make tough choices about the deficit because he won't take on the liberals in the democratic party. >> another litany of left wing proposals with plenty of meat for the base. >> reporter: he will discuss spending cuts, but it will be gun control that will likely sparkt emotional moments. attending as a special guest of the first lady, the parents of the chicago team who was gunned down just days after she evidence at the inauguration and nearly three dozen people personally affected by gun violence. the president is expected to announce anyone one year -- that one year from tonight, 33,000 troops will be home from afghanistan. >> you can catch the state of the union address right here on abc2 at 9:00. >> right after the president's address will come the opposition response. republican senator marco rubio and rand paul are expected to speak. rubio will talk about the president's plan on immigration reform and paul said his response will be different. >> there will be things i will emphasize that maybe marco doesn't. >> no
told reporters off camera that the president doesn't have the guts to make tough choices about the deficit because he won't take on the liberals in the democratic party. >> another litany of left wing proposals with plenty of meat for the base. >> reporter: he will discuss spending cuts, but it will be gun control that will likely sparkt emotional moments. attending as a special guest of the first lady, the parents of the chicago team who was gunned down just days after she evidence...
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. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season. tough loss last night. >> we will get you started with a look at weather forecast that promises to be interesting. >> absolutely. still winter but you would not know it by the last couple of weeks. live doppler 7 hd shows cloud cover out there but it is slow almost locking like marine layer clouds. they will pull back to the coast and bring us sunshine throughout the afternoon. there is no cloud hanging over you, literally, and it will go away later today. temperatures in the upper 30's to mid-40's. upper 40's around oakland and san francisco. now, temperatures, increasing sunshine at coast where we will have the grea
. >> the niners nearly come back from the 22-point deficit in a thrill be super bowl game. next, the rousing welcome in store when they return to the bay area. >> the niners only have one more season left at candlestick park and this morning we find out what will happen to >> live from the kgo broadcast center this is abc7 news. >> it is 5:00. tough to get out of bed this morning. >> we are still trying to have a smile on our face. there is always next season....
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Feb 6, 2013
02/13
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he wants to do some long-term spending reduction on the de deficit. republicans say don't trust him. i don't think republicans will be swayed by the cbo report. they have what they see as a mandate from voters, cut spending. >> let me bring in congressman john yarmuth. what would you like to see? >> i think some of the spending you mentioned could be very youthful. some of the farm subsidies that are unjustified. i'd like to consider a securities transaction pack, the so called wall street packs that can raise tens of billions of dollars. and we can do some cutting, but in that cbo report that you mentioned, it also said that the kind of austerity program which the sequester would represent would be damaging to the recovery, would hurt gdp, and, of course, that's in line with what most economists believe. i think we've got to be very careful when we just say we've got a cut, without regard to the impact of those cuts, both on the economy and on some very important programs. >> you know what the republicans' answer to that is. they say one of the conce
he wants to do some long-term spending reduction on the de deficit. republicans say don't trust him. i don't think republicans will be swayed by the cbo report. they have what they see as a mandate from voters, cut spending. >> let me bring in congressman john yarmuth. what would you like to see? >> i think some of the spending you mentioned could be very youthful. some of the farm subsidies that are unjustified. i'd like to consider a securities transaction pack, the so called wall...
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Feb 10, 2013
02/13
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CNNW
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you've been worried about the deficit. what do you say to this argument that trying to reduce the deficits in europe has been a disaster? it's slowed growth, slowed tax reeve news and increased the deficit? >> let me just say i am not in favor of reducing the deficit now. the short term i am not in favor of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think this is something on the longer term which is what bowles-simpson was all about, something which i favored totally. so i think that was a combination of including longer-term control over some of our big expenditures, particularly in health care. and that is something we have to do. i think the president could get some things if, in fact, he addressed some of these longer term issues but he walked away from that and there's no confidence that he really cares about it. >> let's talk about common -- noneconomic things. i would have thought y
you've been worried about the deficit. what do you say to this argument that trying to reduce the deficits in europe has been a disaster? it's slowed growth, slowed tax reeve news and increased the deficit? >> let me just say i am not in favor of reducing the deficit now. the short term i am not in favor of reducing the deficit. but i do think there have to be some longer-term plans that give the financial markets some degree of confidence that we're not just going to blow apart. i think...
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Feb 10, 2013
02/13
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FOXNEWS
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we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it's a googood time for us to act to loather deficit. we think the deficit and the national debt are at a moral level. we think they must be reduced. we're sick and tired of paying interest on the national debt. that's 15%. that's a large percentage of the budget. >> joining us now is the anchor of "fox news sunday" chris wallace. good morning, chris. >> how are you, eric? >> eric: we heard her say that the national debt is at immoral levels. how do we fix it? what would you say? >> well, the pressure the president -- expression the president used a lot during the campaign, and you know what that means. i suspect it's very different than the republicans, but also yes, tax increases and spending cuts. no more raising of rates but there's a lot that can be done in taking away loopholes, dehe duckses on the wealthy, do away with the subsidies to the oil companies, the buffett role that anybody who makes more than a million dollars
we have a budget deficit problem we have to address. right now we have low interest on the national debt, and it's a googood time for us to act to loather deficit. we think the deficit and the national debt are at a moral level. we think they must be reduced. we're sick and tired of paying interest on the national debt. that's 15%. that's a large percentage of the budget. >> joining us now is the anchor of "fox news sunday" chris wallace. good morning, chris. >> how are...
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Feb 10, 2013
02/13
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he will tie that, i think, to the debt and the deficit. he will talk about raising additional revenue. there is going to be no sign of compromise, no willingness to do a deal on the budget any grand bargain of the type that simpson-bowles proposed and we will get more of the same with a focus on jobs and the economy and more stimulus spending. >>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600 billion in tax revenue. we are not at the issue of spending cuts. no one wants to talk about it in either party. there is leak today that the president in the speech will talk about debt and deficit reduction because they saw the pew poll that shows this is what people care about. the polls show it. the public pegs this debt problem to the part of the reason why the economy is lagging yet the president ignores this. >> he never mentioned any of this in the inaugural. remember, it is not a spending problem? he never mentioned the economy and now the numbers are
he will tie that, i think, to the debt and the deficit. he will talk about raising additional revenue. there is going to be no sign of compromise, no willingness to do a deal on the budget any grand bargain of the type that simpson-bowles proposed and we will get more of the same with a focus on jobs and the economy and more stimulus spending. >>gregg: he raised taxes on minute and now he wants more tax revenues? >> he says he does and the democrats are saying they need another $600...
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Feb 4, 2013
02/13
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WUSA
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and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. >> well, today the president travels to minneapolis where he'll push for proposals to gun control durs his visit. susan mcginnis is in washington. good morning. >> good morning. this will be the president's first trip outside washington to push his gun proposalproposals. he's pushing for a big rally in support of this. in the meantime the senators are said to be preparing their own legislation very similar to the president's employee posal but conspicuously absent is the assault weapons ban. he takes his pitch for gun safety to minneapolis today. he wants congress to
and president obama says there's no doubt additional revenue is needed to bring down the deficit but believes it can be done without another tax hike. speaking to cbs news anchor scott pelley yesterday, the president said the u.s. can reduce its deficit by closing tax loopholes and making what he calls smart budget reductions. >> if you combine those things together, then we cannot only reduce our deficit, but we can continue to invest in things like education and research and development...
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Feb 6, 2013
02/13
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we believe there is a better way to reduce the deficit but americans do not support sacrificing real spending cuts for more tax hikes." >>> efforts by the white house to head off spending cuts come as a new government report predicts the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that the cuts will go into effect march 1st says the government will run a deficit of $845 billion this year. that's compared to $1.1 trillion short fall. the outlook predicts the improvements will not last. it warns that an aging population will drive up retirement spending and rising interest rates will put the debt at unsustainable level it's current laws remain in place, debt by 2023 will equal 77% of gross domestic product. that is roughly double the 39% average seen over the past 40 years. >>> coming off the republicans' bruising defeat, eric cantor is looking to rebrand his party n a speech at a d.c. think tank, he moved away from his combative tone expressing a need to work on issues with president obama impor
we believe there is a better way to reduce the deficit but americans do not support sacrificing real spending cuts for more tax hikes." >>> efforts by the white house to head off spending cuts come as a new government report predicts the budget deficit will drop below $1 trillion for the first time during obama's presidency. the congressional budget office which assumes that the cuts will go into effect march 1st says the government will run a deficit of $845 billion this year....
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Feb 5, 2013
02/13
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FOXNEWS
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under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next ten years u.s. debt will increase $10 trillion from a little more than 16 trillion-dollar now to more than $26 trillion in 2023. >> you can't raise enough tax to say pay for this problem. you won't grow fast enough to get rid of this problem. you ultimately have to deal with spending. >> after 2023, the debt begins to soar. >> after that it's going to grow and reach the trillion and go beyond the trillion. so at no point in the foreseeable future is the deficit going to come down to manageable level. >> noting repeatedly high debts are bad and dangerous as he put
under current law the deficit will shrink in 2013. as an estimated $845 billion, the deficit, the first in five years below $1 trillion. >> the cbo projects deficits to decline from $845 billion to year to as low as 430 billion in 2015 but then 978 billion a year by 2023. >> in 2014 or 15 the deficit will come down. there's a tax increase we just passed. that combines to produce a smaller deficit. >> though the president has not submitted his budget, the cbo projects the next...
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Feb 12, 2013
02/13
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KPIX
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since the top of the year, big deficit for rainfall. we are down 5.5" but the deficit when you go back to july 1 our water year only an inch because we got so much rain around thanksgiving. we are not doing that bad for the entire year. past couple of months we're in significant deficit. big ridge of high pressure, how big? storm track up towards seattle vancouver british columbia nowhere close to us. nor is that going to be changing anytime soon. the high is off to the west as we'll still get cool northerly flow. temperatures in the low 60s. i know, such problems we have around here. as high pressure gets closer to us we'll see temperatures increase by the end of the week and some of you by friday will be up near 70 degrees for highs. so what to expect? we are not as cold at night temperatures a couple of degrees milder each night. sunshine through the weekend. it's only monday but we're very sure of that. and temperatures on friday will be close to 70 degrees. tomorrow concord 62,san jose 63. palo alto 62. union city 61. low 60s for p
since the top of the year, big deficit for rainfall. we are down 5.5" but the deficit when you go back to july 1 our water year only an inch because we got so much rain around thanksgiving. we are not doing that bad for the entire year. past couple of months we're in significant deficit. big ridge of high pressure, how big? storm track up towards seattle vancouver british columbia nowhere close to us. nor is that going to be changing anytime soon. the high is off to the west as we'll still...
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Feb 11, 2013
02/13
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WMAR
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and on another $1 billion in infrastructure deficit over the next decade and that's to maintain roads, bridges, and city buildings at levels far short of the current state of repair. it does not include schools and the mayor plans to discuss solutions today. she plans to propose a bold set of major reforms to address the fiscal challenges outlined in the ten-year forecast. the state of the city address will be held at 2:30 today in the council chambers right here at city hall. reporting live in downtown baltimore, abc2 news. >>> this morning a teenager is accused of killing her baby- sitter and is due in court for and into hear -- for a bond hearing. investigators say the 14-year- old was baby-sitting his 7- month-old sister on thursday night while their mom was at work. the next morning police say the mother tried to wake the infant up for feeding because she was unresponsive. >> she never even had a chance at life. it's a shame. and now it's really two lives taken away because the 14-yard just lost his life too. >> police say the teenager admitted to causing the injuries that led to
and on another $1 billion in infrastructure deficit over the next decade and that's to maintain roads, bridges, and city buildings at levels far short of the current state of repair. it does not include schools and the mayor plans to discuss solutions today. she plans to propose a bold set of major reforms to address the fiscal challenges outlined in the ten-year forecast. the state of the city address will be held at 2:30 today in the council chambers right here at city hall. reporting live in...
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the symbolic vote he detail how he would cut the deficit to avoid the automatic spending cuts next month. >> mr. president, you missed the deadline again. let's see your plan. let's show it to the american people and have the discussion about the proper way to manage down this debt and deficit. >> reporter: without a budget deal on march 1st so-called sequestration will force reductions in military training, cutbacks in operations, and layoffs of civilian pentagon employees plus civilian defense contractors. >> it's an idiotic management nightmare to try to run a complex sophisticated, long-term program when you have short-term, massive cuts. >> reporter: deep cuts also loom in social services. outgoing defense secretary panetta slammed democrats and republicans for their game of chicken. >> let's see how bad it can get in order to have the other party blink. >> reporter: some senate republicans today said push the deadline back seven months. but house speaker john boehner said in effect he will not blink. >> at some point, washington has to deal with its spending problem. i've watched t
the symbolic vote he detail how he would cut the deficit to avoid the automatic spending cuts next month. >> mr. president, you missed the deadline again. let's see your plan. let's show it to the american people and have the discussion about the proper way to manage down this debt and deficit. >> reporter: without a budget deal on march 1st so-called sequestration will force reductions in military training, cutbacks in operations, and layoffs of civilian pentagon employees plus...
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Feb 8, 2013
02/13
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KPIX
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here's your rainfall deficit for the year. we're down nearly half a foot of rain in san francisco, almost three inches in san jose and livermore. we do have this low pressure area. it's working its way down the california coastline right now. snow in the mountains, scattered showers for us. slight chance of a thunderstorm right at the coastline. but once this guy is gone, the rain chance is gone until likely after valentine's day. it will be with us till about lunchtime tomorrow. heading off to work, might want to leave five or ten minutes early, because the rain will likely slow things down. high pressure stays off to our west, giving us a northerly flow, a cold flow but a dry flow. after tomorrow, we will be mainly dry for a while. how much rain tonight? some of you may get half an inch of rain, maybe a little less than that for san francisco. but it's certainly not a deficit buster when it comes to rain. slight chance of a thunderstorm tonight, especially at the coast. the weekend will be sunny and cold. lows near freezing
here's your rainfall deficit for the year. we're down nearly half a foot of rain in san francisco, almost three inches in san jose and livermore. we do have this low pressure area. it's working its way down the california coastline right now. snow in the mountains, scattered showers for us. slight chance of a thunderstorm right at the coastline. but once this guy is gone, the rain chance is gone until likely after valentine's day. it will be with us till about lunchtime tomorrow. heading off to...
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Feb 11, 2013
02/13
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FBC
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what is an acceptable deficit in your view? >> it is one where you have, look, i look at it in a different way. i think you want to get us back to full employment, the restaurants fall, the shops full, the deficit will come down what we get to that sort of a situation. [talking over each other] >> i always say that blaming the deficit for our problems is like blaming the barometer because it records when someone has influenza. dagen: do you think that it has worked for us? you are happy with negative growth in the fourth quarter without no. absolutely not. they have been cutting and cutting and cutting. look at the uk, for example. we have had deficits that have actually been increasing. if you actually think that deficits are a problem, and i can understand the concern about debt out there, if you think it is a problem, did you have to have growth. dagen: some people think if you cut spending and more money will go to the private economy. i am saying that you can argue it both ways. >> when you have concrete examples in europe
what is an acceptable deficit in your view? >> it is one where you have, look, i look at it in a different way. i think you want to get us back to full employment, the restaurants fall, the shops full, the deficit will come down what we get to that sort of a situation. [talking over each other] >> i always say that blaming the deficit for our problems is like blaming the barometer because it records when someone has influenza. dagen: do you think that it has worked for us? you are...
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Feb 4, 2013
02/13
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CNBC
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the deficit problem is the problem for later in this decade. the jobs problem is the problem today. and this talk of a contracti contractionary fiscal position. it is hurting the economy. >> he wantive harris? >> in the end, we've got to get our deficit under control while we grow the private sector economy. we can't do it through new taxation. you can't tax your way out of this mess. that's the problem. the president has decided that's the approach he's going to take. the republicans have a different approach. we believe we have to rein in entitlement spending, the budgets up until now. again across the aisle and on the other side, they're unwilling to handle. >> we'll leave it there. thank you. >> let you both get back to work. thanks for joining us. >> thank you. >> appreciate your time. thanks very much. isn't it nice to know in two weeks you haven't missed anything? >> this sounds familiar. >> 40 minutes before the closing bell sounds. dow down 103 points. >>> google getting downgraded after a record high on friday when we allegedly hit 14,000. why did that happen? and are you
the deficit problem is the problem for later in this decade. the jobs problem is the problem today. and this talk of a contracti contractionary fiscal position. it is hurting the economy. >> he wantive harris? >> in the end, we've got to get our deficit under control while we grow the private sector economy. we can't do it through new taxation. you can't tax your way out of this mess. that's the problem. the president has decided that's the approach he's going to take. the...
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Feb 6, 2013
02/13
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KPIX
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will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant hill 59. hump day san ramon 57 degrees. napa 58. and mid-50s for kentfield, mill valley, sausalito and san francisco. we are looking at an extended forecast with that chance of showers on thursday and friday. over the weekend, here comes the sunshine once again. but it will still be brisk upper 50s, low 60s. next week we are dry once again. we'll be right back. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad
will it bust the rainfall deficit? no. only .25" of rainfall. buttoned of the week will be showery both thursday and friday with a chance of showers. a little bit of fog tomorrow morning along the coast north bay valleys, then we're sunny. showers will get here thursday morning. we will have on-and-off showers for two days both thursday and friday. highs tomorrow upper 50s close to average. but with the breeze it will feel chilly. 58 concord and san jose. palo alto tomorrow 57. pleasant...
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Feb 12, 2013
02/13
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FOXNEWSW
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we're only looking at $800 billion deficit? >> that is not the case. the media is touting that $3 billion surplus, we're on our way. it has nothing to do with the fact that there were spending less in the month of january. in fact it wasn't because they were growing jobs and economy was actually improving. they were taxing those that were earning more, bottom line, neil it doesn't address how that is going to impact things going forward in the next few months. >> neil: you are going to say it have a growth effect? >> we saw consumer sentiment fall to the lowest level in january as people saw their pay checks shrink. retail sales, it's expected to grow only one-tenth of 1 percent. they shrunk to create the $3 billion surplus but we're not going to be spending and feeling heck a lot worse about the economy. >> neil: what is going around. dow is getting closer to all time record. up 48 points today. they must see the same thing that you report on fox business. either they see it and ignore it or see it? >> they don't care what the government is doing. the
we're only looking at $800 billion deficit? >> that is not the case. the media is touting that $3 billion surplus, we're on our way. it has nothing to do with the fact that there were spending less in the month of january. in fact it wasn't because they were growing jobs and economy was actually improving. they were taxing those that were earning more, bottom line, neil it doesn't address how that is going to impact things going forward in the next few months. >> neil: you are going...
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Feb 5, 2013
02/13
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KRON
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he was taken to a hospital to be checked-- he suffers from asperger's syndrome and attention deficit disorder. officials are declining to release details about todays raid. but say, they decided to carry it out because the boy faced imminent danger. after dykes was seen with a gun. still no word on exactly how the gunman died. >> jacqueline: the fog is going to be returning >> jacqueline: the fog is going to be returning bec[ female announcer ] safeway presents real big deals of the week. or how to get great prices on things you need. you look around for the best deals. that's why we give you real big club card deals each week. right now best foods mayonnaise is just $2.77. so pile it on. pizza is served. digiorno pizza is just $3.88. and here's a treat. dreyer's ice cream is only $2.88. real big deals this week and every week. only at safeway. ingredients for life. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then,
he was taken to a hospital to be checked-- he suffers from asperger's syndrome and attention deficit disorder. officials are declining to release details about todays raid. but say, they decided to carry it out because the boy faced imminent danger. after dykes was seen with a gun. still no word on exactly how the gunman died. >> jacqueline: the fog is going to be returning >> jacqueline: the fog is going to be returning bec[ female announcer ] safeway presents real big deals of the...
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Feb 9, 2013
02/13
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FOXNEWS
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we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of you. so thank you both for coming on. >> thank you. >> arthel: very good. so there is this, in utah, a moose creating some excitement in a residential neighborhood. the moose making himself effectually at home, taking in the sights as he wandsered into various back yards. sometimes hopping walls and fences, posting on facebook. no, he didn't. wildlife officials were finally able to tranquilize him and they suggest you leave that to the professionals, of course. >> rick: i just got -- >> you never approach a moose. they're very aggressive. they can seem real docile and all of a sudden decide
we can't just talk about the deficit in the short-term when really we need to spend more. we can't keep cutting jobs because cutting right now is laying off teachers, laying off firefighters. it's not educating our kids. it's going to take people out of head start. these are things that are not going to get us on the right track. we need to focus and get engaged and get the economy back on the right track. >> rick: two starkly different views on a way forward. well presented by both of...